I there any time limit for issuing E1 & E11 form, if its exceeded what is remedy ?
1 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 07 May 2011
you have to issue the forms quarter basis but not after completion of your assessment, in case of failure u have to pay full taxes+ interest + penalty to concerned parties coz the sales would not be treated exempted.
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